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As global markets continue to navigate the complexities of rising inflation and volatile interest rates, U.S. stock indexes are climbing toward record highs, with growth stocks outpacing value shares. In this environment, dividend stocks can offer a reliable income stream and potential stability amidst market fluctuations.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Wuliangye YibinLtd (SZSE:000858) | 3.92% | ★★★★★★ |
| Chongqing Rural Commercial Bank (SEHK:3618) | 8.33% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.51% | ★★★★★★ |
| Peoples Bancorp (NasdaqGS:PEBO) | 4.90% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.32% | ★★★★★★ |
| Daito Trust ConstructionLtd (TSE:1878) | 4.04% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 3.99% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.23% | ★★★★★★ |
| Southside Bancshares (NYSE:SBSI) | 4.60% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 3.97% | ★★★★★★ |
Click here to see the full list of 1970 stocks from our Top Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Dongfang Electric
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Dongfang Electric Corporation Limited designs, develops, manufactures, and sells power generation equipment both in China and internationally, with a market cap of HK$48.02 billion.
Operations: Dongfang Electric Corporation Limited's revenue primarily comes from its power generation equipment segment, which serves both domestic and international markets.
Dividend Yield: 5.2%
Dongfang Electric's dividend yield of 5.19% is below the top 25% in Hong Kong, but its payout ratio of 45.3% and cash payout ratio of 33.9% indicate dividends are well-covered by earnings and cash flow. Despite this, the dividend history has been volatile over the past decade, suggesting unreliability. Recent changes include a new joint company secretary and a framework agreement with Honghua Group for product and service purchases from January 2025 to December 2027.
L&K Engineering (Suzhou)Ltd
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: L&K Engineering (Suzhou) Co., Ltd. offers specialized engineering technical services in China and has a market capitalization of CN¥6.70 billion.
Operations: L&K Engineering (Suzhou) Co., Ltd. generates its revenue through the provision of specialized engineering technical services within China.
Dividend Yield: 3.2%
L&K Engineering (Suzhou) Ltd. offers a dividend yield of 3.19%, placing it in the top 25% of dividend payers in China. Its dividends are well-covered by earnings and cash flows, with payout ratios at 43% and 21.6%, respectively, indicating sustainability. However, its less than decade-long history of dividend payments has been marked by volatility and unreliability, raising concerns about consistency despite trading below estimated fair value by 33.2%.